$SOL Since April 1, 2025, Solana has been experiencing a real April Fool's joke... that lasts! After a frenzy of memecoins launched in succession, the excitement deflated faster than a token with no utility. Result: a 40% drop in active users, revenues down by 92%, and a TVL halved. Scams and rug pulls have turned the network into a veritable minefield, driving investors to safer lands like Ethereum and Arbitrum. Even star memecoins like TRUMP and MELANIA have seen their value collapse by more than 85%. In short, Solana, once a rising star, is going through a turbulent phase.
#USStablecoinBill USStablecoinBill #USStablecoinBill The future of the US Senate's stablecoin bill is now uncertain. Despite bipartisan progress, nine pro-crypto Democrats - four of whom previously supported the bill - have withdrawn their support, citing concerns over national security and AML provisions. Reports indicate that Senators Schumer and Warren are urging their colleagues to reject the proposal, highlighting ongoing political disagreements regarding the oversight of stablecoins.
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2. Technical Indicators - RSI (14): 58.93 (Neutral-Bullish, no overbought signal yet). - MACD: 2,145 (Signal Line: 3,049) – Slight bearish crossover, but momentum remains strong. - Ichimoku & LSMA: Both confirm a bullish trend continuation.
Next Possible Scenarios Bullish Case (Most Likely) - If Bitcoin holds above $95,000, expect a retest of $113,340. - A breakout above this resistance could propel BTC toward $125,000 (next psychological barrier). - Ideal Entry: Near $95,000 - $96,000 (current support). - Targets: $113,340 → $125,000. - Stop Loss: Below $78,000 (strong support breakdown). Bearish Risk (If Support Fails) - A drop below $95,930 may lead to a short-term pullback toward $85,000 - $80,000. - If $78,000 breaks, a deeper correction could follow. Final Verdict & Trading Plan Bitcoin remains in a bullish phase, supported by key indicators and market structure. While the MACD shows slight weakness, the overall trend favors upside momentum. Recommended Strategy: Buy near $95,000 - $96,000 for a push toward $113,340. Breakout above $113,340? Next target $125,000. ⚠️ Watch MACD & RSI: If RSI stays above 50 and MACD reverses upward, bullish momentum strengthens. Bottom Line: Bitcoin is primed for another leg up if key support holds. Traders should watch for a breakout above $113,340 to confirm the next rally.
#AppleCryptoUpdate Apple's Crypto Stance Sparks Industry Debate Apple's recent actions have stirred the crypto community. In India, Apple removed major crypto exchange apps like Binance, KuCoin, and OKX from its App Store following show-cause notices from the Financial Intelligence Unit for non-compliance with money laundering laws .
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